Bhutan Sold $22.4M in Bitcoin Amid Portfolio Decline of Over 70%

Bhutan moved $22. 4 million in Bitcoin out of sovereign wallets this week, including a direct transaction to institutional market maker QCP Capital. The Himalayan nation’s crypto portfolio has dropped from a $1. 4 billion peak to about $412 million source: https://beincrypto.com/bhutan-bitcoin-transfers-portfolio-decline/